ChoiceModelAnsätze
ChoiceModelAnsätze refers to a category of theoretical frameworks and empirical methods used to understand and model how individuals or groups make decisions. These models aim to represent the underlying processes and factors that influence choices, ranging from simple preferences to complex strategic interactions.
At their core, choice models typically assume that decision-makers act rationally to some degree, aiming to
Empirical applications of choice models are widespread. In economics, they are used to predict consumer behavior,